Myoxygen Ltd - Filleted accounts

Registered number

04202946

Myoxygen Ltd

Unaudited Filleted Accounts

For the year ended 31 July 2025

Myoxygen Ltd
Registered number:		04202946
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£			£	£		£
Fixed assets
Tangible assets	3		7,748			14,388
Investments	4		5,000			-
			12,748			14,388

Current assets
Debtors	5	7,118			80,300
Cash at bank and in hand		108,700			262,304
		115,818			342,604

Creditors: amounts falling due within one year	6	(10,872)			(65,359)

Net current assets			104,946			277,245

Total assets less current liabilities			117,694			291,633

Creditors: amounts falling due after more than one year	7		(21,296)			(26,852)

Provisions for liabilities			(1,937)			(3,597)


Net assets			94,461			261,184

Capital and reserves
Called up share capital			100			100
Profit and loss account			94,361			261,084

Shareholders' funds			94,461			261,184

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



A Farmer
Director
Approved by the board on 28 July 2026

Myoxygen Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Preparation of consolidated financial statements
	The financial statements contain information about Myoxigen Ltd as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment			over 4 years

	Investments
	Investments in subsidiaries are measured at cost.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Short term benefits and holiday pay
	The costs of short-term employee benefits, including holiday pay, are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4.25		8.08


3	Tangible fixed assets
								Equipment
£
	Cost
	At 1 August 2024							118,789
	Additions							2,165
	At 31 July 2025							120,954

	Depreciation
	At 1 August 2024							104,401
	Charge for the year							8,805
	At 31 July 2025							113,206

	Net book value
	At 31 July 2025							7,748
	At 31 July 2024							14,388


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	Additions							5,000

	At 31 July 2025							5,000

	The company owns 100% of the ordinary share capital of the following undertaking, which is registered in England & Wales: Freak Like Me Ltd


5	Debtors					2025		2024
£							£

	Trade debtors					-		55,873
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					520		-
	Other debtors					6,598		24,427
						7,118		80,300


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts (unsecured)					5,556		5,556
	Trade creditors					418		4,419
	Taxation and social security costs					1,103		35,926
	Other creditors					3,795		19,458
						10,872		65,359


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans (unsecured)					21,296		26,852


8	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					-		4,630


9	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					-		10,083


10	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	A Farmer
	Interest bearing loan in year	3,826		-		(3,826)		-

	M Farmer
	Interest bearing loan in year	4,016		-		(4,016)		-

		7,842		-		(7,842)		-


11	Related party transactions

	The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.


12	Other information

	Myoxygen Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Phoenix House
	51 Queen Square
	Bristol
	BS1 4LJ

	The accounts are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £.